Salmon Evolution ASA provided operation update for third quarter ended 30 September 2023. As per 30 September 2023 the Company had an all-time high standing biomass of around 2,100 tonnes (LW), up 101% since 30 June 2023. Net biomass production for the third quarter totalled 1,290 tonnes LW and the Company has seen a steady increase throughout the quarter, resulting in a quarterly run rate of around 1,600-1,700 tonnes LW as per end of September, equivalent to around 70-75% of steady state volumes.

Batch 8 was stocked during the quarter and the Company plans to stock two additional batches in fourth quarter, supporting further increase in biomass production and steady state production volumes of 7,900 tonnes HOG p.a. by year-end. The Company harvested 185 tonnes HOG during the third quarter, after pushing some of the planned volumes to the fourth quarter to optimize harvest weights and price realization. For the fourth quarter the Company is planning to increase harvest volumes significantly.